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To: BereanBrain
Just because the federal reserve web site says it’s not a private company (actually each district is it’s own financial corporation), does not make it so.

Just because you feel it's a private company doesn't make it so.

......now back to actual facts, the following loans from the federal reserve was the part of the “too big to fail” fiasco - they loaned money DIRECTLY to these institutions

Yes, you've discovered the Discount Window.

if the Fed has ONLY 4 Trillion, how did they LOAN 16 Trillion?

Easily. If they loan $1 million, overnight and you pay it back and they loan it again, for 1 year, did they loan you $1 million, or $365 million?

168 posted on 03/11/2014 6:53:42 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot

They didn’t loan it overnight. Those are long term bailout loans, to banks in other countries as well.

I think you would be in the middle of a sausage factory where they were stuffing cats intros sausages and you would believe the 100% beef label.

You must have a reason.


169 posted on 03/11/2014 8:41:16 PM PDT by BereanBrain
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